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#1 |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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Safe sale... Really safe?
Been seeing alot of safe sales for AP. Is it really safe for both sellers and buyers?
For sellers : Buyers might not be able to register online without the warranty card but they can do so at the Boutique during collection after they send in for servicing. From my understanding, anyone can send in for servicing but collection is by owner only. So either the owner, who is registered in the system, has to collect in person or the one collecting have to be registered as the new owner. It actually defeats the seller's intention, isn't it? For buyers : It's always a risk to run into a scam. The seller might claim the timepiece as lost property? Since they are still legally the owner? Am I missing something? Anyone care to share their thoughts? |
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#2 |
"TRF" Member
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,958
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I would never do a safe sale or a safe purchase. Too much risk on both sides. I would let my boutique know if I'm selling something. I would not likely purchase any AP in the grey market and rather request it through AP, unless it's a discontinued model. Even then, I wouldn't purchase anything without the warranty card in hand.
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PP 5205G-013/ PP 5212A / AP 15416CE /26574 st QP/ AP 50th 16202st /AP 15500st Black / AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk / Rolex 116500 Panda / Rolex 126710 BLRO / Rolex 126610LV Green / Rolex 16570 Black/ Rolex 116300 Blue / Rolex 126710 BLNR |
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#3 |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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What's the risks you are referring to? And is there really no way AP knows as long as you sell without the warranty card? Or is the scenario of sending in by the new owner without warranty true as per what I was told?
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#4 | |
"TRF" Member
Join Date: Sep 2015
Real Name: Mike
Location: Socal
Watch: AP/PP/Rolex
Posts: 1,958
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Quote:
If the new owner sends in the watch to a boutique or service center for warranty work, that's when the cover gets blown. Safe sale only prevents the new owner from registering the watch under their profile because you need the warranty card to do it.. As for purchasing, I would never buy a watch without original warranty card or papers.
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PP 5205G-013/ PP 5212A / AP 15416CE /26574 st QP/ AP 50th 16202st /AP 15500st Black / AP 26405CE / AP 77350CE / AP 15551st / AP 67540sk / Rolex 116500 Panda / Rolex 126710 BLRO / Rolex 126610LV Green / Rolex 16570 Black/ Rolex 116300 Blue / Rolex 126710 BLNR |
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#5 |
"TRF" Member
Join Date: Dec 2008
Real Name: Tim
Location: USA
Posts: 1,704
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You've raised some valid concerns. For sellers, the registration and collection process can be tricky, potentially defeating their intentions. For buyers, there's always the risk of scams and legal complications if the seller claims it as lost property. It’s definitely a grey area that requires caution. Would love to hear more experiences and thoughts from others!
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118239, 16710, 16610lv |
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#6 | |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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Quote:
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#7 | |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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Quote:
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#8 |
"TRF" Member
Join Date: Sep 2021
Location: SFO
Posts: 1,183
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Great question - if I'd buy from a reseller I'd never buy without the warranty card / papers
How much of a discount can one expect from a safe sale? Must be massive given the grey area you're moving in...? Can someone elaborate |
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#9 |
"TRF" Member
Join Date: Nov 2023
Location: NA
Posts: 38
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Just wondering why can’t you register the watch with the serial on the back of the watch… I can’t remember if a warranty card is required. But I mean you can purchase a watch at a considerable discount, and if the card is kept with a trusted dealer and actually mentioned in the contract then I think it would be a win-win
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#10 |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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#11 | |
"TRF" Member
Join Date: Nov 2023
Location: NA
Posts: 38
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Quote:
From memory I had to take photo of the card to activate AP service coverage, but can’t remember if it was needed to add the 3 extra years. Who cares really if the card is kept with a reliable 3rd party and mentioned in the contract (binding legal document) Sent from my iPhone using Tapatalk |
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#12 |
"TRF" Member
Join Date: May 2019
Location: USA
Posts: 308
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You aren't getting any discount on a safe sale. Safe sales are on the newest hottest models with substantial premium, ie.. the John Mayer perpetual that are trading at $375k+ currently
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#13 |
"TRF" Member
Join Date: May 2022
Location: USA
Posts: 245
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Safe sales are only for middle men to con owners into selling their pieces under the guise it won’t affect their AP relationship which it inevitably does.
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15510ST Green | 15720ST Gray | 26393QT Taupe | 116400GV | 126234 Mint |
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#14 | ||
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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Quote:
Quote:
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#15 | |
"TRF" Member
Join Date: Nov 2023
Location: NA
Posts: 38
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Safe sale... Really safe?
Quote:
So just dealer with a trustee local dealer… there are plenty. Couple of days back I saw a brand new 16202 2024 on moda for 65k which is a nice discount from regular price. Sent from my iPhone using Tapatalk |
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#16 |
"TRF" Member
Join Date: Mar 2011
Real Name: B.
Location: Beverly Hills, CA
Posts: 3,484
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You are 100% getting a discount on a safe sale vs non. Go to moda, any watch that is a safe sale is at least 10-20%++ lower than a non-safe sale watch with warranty card. Always. It is akin to buying a watch without papers, there is a discount relative to market grey value, even for the hottest models, otherwise why would anyone buy one without the warranty card if the value was the same for one with.
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Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Off Shore Gulf Blue 26238 || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos |
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#17 |
"TRF" Member
Join Date: Dec 2019
Location: USA
Posts: 2,018
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Could only see it working between close friends/ family.
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#18 |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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I somehow agree with your statement. These "safe" agreement works well with people you trust and won't play you out. I won't want to spend tens of thousands on a watch without warranty card BUT with restrictions on sending in for servicing, etc. Trusted local dealer or not.
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#19 |
"TRF" Member
Join Date: Nov 2021
Location: USA/EU
Posts: 371
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I was all set to purchase a Starwheel, then the seller disclosed that it needed to be a safe sale at the last moment.
I actually called my SA to ask her a few questions about re-registration. I told her that I understand their policy of needing the card to re-register, but would they really refuse to register if I were to walk into the store with the watch and a purchase invoice including serial showing I am the owner? (Or alternatively, doing the aforementioned when picking up after sending in for service aka to confirm authenticity.) She would not give me a straight answer. I mean, the warranty follows the watch, right? I can't imagine this hasn't been litigated yet... I am still planning on purchasing a Starwheel, so I'll try to update this thread accordingly. |
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#20 |
"TRF" Member
Join Date: Sep 2021
Location: SFO
Posts: 1,183
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Interesting please do keep us posted.
Not saying they wouldn't release the card but what happens if (even if you have a contract and a sale) something after the purchase happens? Seller has his money, so are you really expecting someone to be so diligent and to keep a card safe for 2 addl years, and then remember to mail it to you? And what happens if they don't? Are you going to going to sue them for an old warranty card... I just find the possibilities are not worth the savings |
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#21 | |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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Quote:
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#22 | |
"TRF" Member
Join Date: Mar 2011
Real Name: B.
Location: Beverly Hills, CA
Posts: 3,484
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Quote:
HOWEVER and very important, the 2 year watch theft protection goes to whom the watch is registered to. Should the watch be stolen, the police report needs to be in the name of the individual to whom the watch is registered to and you can not do this without the warranty card.
__________________
Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Off Shore Gulf Blue 26238 || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos |
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#23 | |
2024 Pledge Member
Join Date: Jul 2015
Real Name: Anonymous
Location: location location
Watch: Rolex, Patek
Posts: 2,350
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Quote:
This company is just ridiculous. They have a way of alienating customers down to an art. Sent from my iPhone using Tapatalk |
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#24 |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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Alienating flippers, you mean.
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#25 |
2024 Pledge Member
Join Date: Jul 2015
Real Name: Anonymous
Location: location location
Watch: Rolex, Patek
Posts: 2,350
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#26 |
2024 Pledge Member
Join Date: Mar 2024
Location: Dallas, TX
Watch: 126610LV
Posts: 46
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#27 |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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I applaud APs attempts to have allocations go to collectors rather than flippers. Doesn't always work, but at least they're trying. If there are some edge cases where this leads to some inconvenience, so be it. I'm pretty sure most customers don't have to rely on their relatives for sending their watch to be serviced.
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#28 |
"TRF" Member
Join Date: Jun 2020
Location: Taiwan
Posts: 3,805
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From a Japanese dealer on C24 (watch came from a boutique in Japan). I didn't get anywhere with a boutique when I tried in person.
__________________
AP 15500ST Grey // 26237ST Beast // 26331ST Panda // 15450ST Blue // 77350CE Bucci // 26240CE 50th // 15407ST // 26715.ST.ZZ || Rolex 116520 White // 116710 BLNR // 126200 Blue || Omega Seamaster NTTD // Speedy Tokyo LE "Rising Sun" // Speedy cal. 321 "Ed White" A timeless classic - Winding, ticking, faithful time - Golden crown of trust |
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#29 |
"TRF" Member
Join Date: Dec 2023
Location: Asia
Posts: 188
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#30 |
2024 Pledge Member
Join Date: Mar 2024
Location: Dallas, TX
Watch: 126610LV
Posts: 46
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If you ever want to sell the Tokyo I’d be very interested
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